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obama's election win? traders share their opinions later in traders unplugged. but first, in the wake of superstorm sandy, business owners are looking into disaster recovery options. learn how to protect yourself next, with bill moller. recently 2 east coast storms in 2 weeks. the weather can really wreak havoc, not just with lives of citizens, but also with the smooth operation of businesses. companies protect themselves, of course, with insurance, but more & more companies are implementing disaster recovery systems. let's talk with curtis peterson. he's vice president of operations for ringcentral, a cloud business phone system provider. and curtis, a business insures the hardware, but the point is they also need to back up the software, and that's what disaster recovery is all about. > > it sure is. and it's really backing up both. it's making sure that the hardware and is protected, and specifically the data on the systems is retained during any of these types of disasters that you mentioned. > > hurricane sandy took out a lot of businesses along the east coast and their systems.
revenue. the president made the comments yesterday, at his first news conference since his re-election. "as i've said before, i'm open to compromise and i'm open to new ideas. and i've been encouraged over the past week to hear republican after republican agree on the need for more revenue from the wealthiest americans as part of our arithmatic if we're going to be serious about reducing the deficit." last week, house speaker john boehner said that congress has ways to avert the fiscal crisis, but rewriting the tax code in two or three weeks is not one of them. lawmakers have until midnight on new year's eve to reach an agreement. the first round of meetings begins today. hurricane sandy's power-packed winds swept away sales momentum in the retail sector, especially in the car industry. prior to the storm, retail sales were edging higher. the month of september was revised up 1.3% from 1.1%. but after sandy, overall, retail sales slid .3% in october, the first dip in 3 months. automaker sales plunged 1.5%, the larget drop since august of 2011. car makers blame the storm for sluggish sa
as this market, i think, is going to do better than people think going into the election. what happened these past two or three summers? we've had a meltdown, and what happened to the market angie? > > the market came back. > > it did, didn't it? so, we're at sort of a pushing point. some investors say, "you know what? we're at all-time highs here. i'm taking my money and going home." other investors like me are staying the course and focusing on the large-cap growth strategies. that's really helped my accounts to finish the year. > > my hope is that people watching the show will not miss out on a time of opportunity. there are no guarantees, but what are some of the stocks you're putting some money into for your portfolio? > > especially that big-cap growth, those all-american names. remember, we're in an economy where we don't have rapidly rising revenues across the board. we have sort of slow, steady growth. we have those phenomenon kind of stocks like apple. so, i like technology. that's sweeping up a lot of stocks. for instance, qualcomm, one of the biggest leaders, provides all th
, and the federal unemployment benefit extension. some believe that negotiations come so soon after the election that it may put pressure on republicans to compromise. "it's going to be a disaster if it doesn't get done, and the blame will be on them. they have to compromise - something they didn't do in the last session." when pressed for details as to what ground republicans could give in negotiations, house speaker boehner declined, saying he didn't want to be "boxed in." greece is a country on the brink. greek officials needs a bailout to pay off debts this week, but eurozone leaders are delaying their decision on turning over the money. nonetheless, according to one report, economists believe the worst may be over for the crisis in the eurozone. economists are watching signs such as a rise in the european stock market. it's stress-test time again. the federal reserve is asking big banks to hand over balance sheets by january 7th. stress tests monitor the amount of capital financial institutions have on hand to make sure banks could weather an economic storm. the fed says 19 of the largest b
told his employees that some of them would face layoffs if president obama was re-elected, instead handed out 5% raises. his company, westgate resorts, enjoyed record profits this year and he says he wanted to share the wealth. not exactly upbeat about t t t ture, siegel says his employees will need those raises to deal with the impending higer costs he believes everyone will have to dure under an obama administration. a tasty piece of americana may be in jeopardy. hostess brands, the maker of wonder bread, twinkies and ding dongs, is warning that it may be forced to liquidate if union employees continue with a crippling strike. hostess has already announced the permanent closing of three bakeries as a result of the nationwide strike by 30% of its workforce that started last week. workers are protesting wage and pension cuts. the world's largest operator of bowling alleys strikes out. amf bowling worldwide filed for bankruptcy after failing to find a buyer for its 262 bowling centers. this will be its second trip through bankruptcy since the 1990s. the company, which employs 7,000
Search Results 0 to 4 of about 5

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